3 Beds
1 Bath
1,440 sqft
$105,000
3707 E 54th Street, Cleveland OH, 44105
Price per sqft$72.92
Built in1910
Property size1,440 sqft
Property typeResidential
Overview
Active
Listed Oct 7, 2026
Updated 3 days ago
Excellent Rental Property Purchase - this one of 3 is a 1,440 sq. ft. Cape Cod featuring 3 bedrooms, 1 bathroom, a full basement, and a detached 2-car garage. Offered individually at $105,000 ONLY as part of a 3-property Investment Portfolio Package for $315,000 total. Full Portfolio Purchases only. All 3 Properties are Strictly Included a single sale - this equals 3 Single Family Rental Properties with tenants in place!
One package asset is already CMHA subsidized, providing guaranteed income stability. This high-performance portfolio generates a $47,724.00 Gross Annual Rent, a 6.60x GRM, and a strong Net Operating Income (NOI) of $41,347.20.
Features an efficient 13.36% Operating Expense Ratio (OER) with a verified net lease structure where tenants pay 100% of standard utility outlays. Sold strictly AS-IS with a 0% vacancy rate assumption. Capitalize on immediate, optimized cash flow!
$699/mo
Est. mortgage payment based on a $105,000 home price.
All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.
Additional information
- MLS® ID
- 5251295
Interior Features
- Bedrooms
- 3
- Bathrooms
- 1
- Cooling
- Yes
- Heating
- Yes
- Basement
- Yes
Exterior Features
- Lot Size
- 0.1 Acres
Other Property Details
- Taxes
- $1,440
- Tax Frequency
- Annually
- Garage
- Yes
Courtesy of Russell Real Estate Services
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Iconic Partners Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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